One of the most elaborate theories I have hurt is the CIA should have created Bitcoin, personally I’m sceptical about it that’s why I want to explore why they could have done it and this series is going to be pretty far fetched, I have shaped down to the ones that is actually possible weather that plausible in that I will let you decide.
What is the CIA
Forced to understand if the CIA was capable of creating Bitcoin we need to take some steps back and look at what the CIA is, Central Intelligence Agency better known as the CIA Is in charge of protecting the United States interests abroad, they rely heavily on Informant and agents to give them the information they need in order to protect the United States interests, and that is why we often hear them being involved in different Wars. And we have hertz the CIA been involved in different Projects that has to do with the security of the United States and its allies, not all projects are war related, Because there are many ways to undermine the United States we have seen the CIA be involved in difference cyber protection measures, and other measures which is needed to avoid activities undermining of the United States of America.
Did they have the ability
Even though the CIA is shrouded in mystery and secrecy we do know that they employs a lot of different specialists in cyber security, hacking, cryptography and many other computer specialties. And we do know that they for long while have been aware of cyber threats to national security, And we do know that the CIA was aware of cyber threats back in 2001 due to a statement made by the CIA on June 21st 2001, on anticipated threats towards 2015.
so we can safely assume that in 2009 at the conception of Bitcoin they have been working with cryptographic algorithm before long wild and thereby concludes that they did have the capabilities to create Bitcoin so let’s move on to explore why should they, and what will be the benefits to the CIA and the United States.
Research and development
One of the biggest possibilities is that the CIA have used bitcoin and blockchain technology as a research and development tool to analyse what impact it will have on the American economy, as we know about 1 million bitcoins I have never been in circulation they have been mind but do not circulate we assume they are helped by the so called satoshi nakamoto and if it is the CIA that is behind the name satoshi nakamoto they hold the power to disrupt the market if they wish to. so if bitcoins starts to undermine the United States government they can shut it down buy releasing 1 million bitcoin at one time and they are by driving the price so low that it will take a long time to recover. this just doesn’t explain why it has been made open source but it is a great research projects into societal behaviour and economic interactions. so this is an actual possibility how plausible it is can be debated because besides getting a grade research project of it. there are no security games from releasing bitcoin and blockchain in the open source and with the amount of industries that follows both inside the United States and outside it’s not really the concerns of the CIA.
Aiming for more power
For secret organisation to create a currency based and anonymity makes a lot of sense and one of the theories I have heard was that the CIA created Bitcoin in order to get funding for projects outside of governmental control, front different newscast windows that the CIA has little to no oversight on some activities, So if this was created without oversight for the CIA to be able to conduct operations that are fully funded with no government oversight make some sense. through bitcoin they would be able to strengthen their covert operations and even sending them through third party middlemen, and if they set it up the right way within the structure of the CIA they would be able to control a lot more by them self instead of by policies dictated from the politicians. this would also create a safeguard against a president that the CIA does not agree with, not to say that they will overthrow the president but they would be able to conduct operations sensitive to national Security without a direct link to the CIA. and setting up a mining operations within the CIA would be quite easy and they have a best amount of computer power they have a high black budget. and they might even be able to use the technology to create a line of communication which is more coveretly than ever seen before.
This is an actual possibility for the creation of bitcoins, it may have some flaws regarding the safety and security for bitcoin but it might just have been the first step for the Central Intelligence Agency, and making it open source would have spread it out and thereby creating the ecosystem of Bitcoin. which allows them to transfer their bitcoin into actual funds especially if they have mined afterwards and regarding the secrecy of satoshi nakamoto the CIA would go to extreme lengths to keep that secret and that fits perfectly what we have seen about satoshi nakamoto. In my view this is indeed possible I just don’t think it’s likely.
The black Gene technology could have been developed by the CIA as a means of a secure communication they were intended for the outside world. Due to the nature of cryptography it could develop into a communication method. And before it was finished as a means of communication a rogue agent might have taking the initial developments for blockchain technology and made it open source. this could have been done for ideological reasons And by hijacking the piece of technology making you open source it could have created the Bitcoin ecosystem as we know it today, so it’s a possibility that it is in fact created by the CIA but not delivered to the people by the CIA.
It is my belief that this is an actual possibility we don’t know what research skills are on behind the CIA walls, but it will surprise me if they are not researching crossword means of Communications and blockchain might just have been I never knew they were exploring to get accurate covered information, And then before it was finished some employee meet it’s accessible to the public, if that is the case then once the CIA got information about their technology being available as open source it would give no reason for them to claim it has been made by them, but I believe that if they could find the employee They would have dealt with it without us knowing about it.
in conclusion there’s no actual evidence that the CIA is behind bitcoin and blockchain technology, I have found little to no indications other than it is possible in theory. I do not believe that bitcoin was created by the CIA as I see no real incentive for them to create Bitcoin Since they already have little to no oversight on some part of their operations and the other side they got just pretty much in favour of what they’re doing. but I could see them use bitcoin and other cryptocurrencies as an opportunity to get funds from outside the government through either mining or hacking.
The writers writing under the pseudonym of crypto Media service Iis shadow writers all with experience in cryptocurrency of at least 3 years, they have either been invested in trading or worked on the technical side of blockchain technology but wishes to stay anonymous for multiple reasons